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they're hoping to count ernie negative effects the higher tax may bring. it works out to just about $54 billion. cabinet ministers are hoping the measure will help the economy keep expanding and want to support low income earners who might be affected by the tax hike. nearly $14 billion will go to sharpening japan's competitive edge. officials will use the money to promote research and development on new medicines and invest in infrastructure projects for the 2020 tokyo olympics. they've earmarked about $6 billion to people with low incomes and subsidies for home buyers. $3 billion to welfare programs. the ministers also want to speed up recovery for those hit by the march 2011 disaster. it includes $30 billion to improve reconstruction and improve disaster preparedness. it will support evacuees returning to their home near the fukushima daiichi plant. he says his top priority is reviving the economy and rebalancing the budget. >> translator: execution of these measures is needed to put the economy on a solid recovery path. >> the cabinet says the stimulus
they're hoping to count ernie negative effects the higher tax may bring. it works out to just about $54 billion. cabinet ministers are hoping the measure will help the economy keep expanding and want to support low income earners who might be affected by the tax hike. nearly $14 billion will go to sharpening japan's competitive edge. officials will use the money to promote research and development on new medicines and invest in infrastructure projects for the 2020 tokyo olympics. they've...
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there will be more debate about it, alec is a tax-exempt charity. what it does is cook up legislation. >> if i had the choice of choosing who could be elected in a particular election or writing the laws that that person would introduce as a legislator once they were there, i know which one i would pick. thank you very much for your time, sir, fascinating. we'll be right back. ♪ let love shine. dazzling diamond gifts she'll adore starting at 199. zales is the diamond store. ♪ you know, ronny... folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? i'd say happier than a bodybuilder directing traffic. he does look happy. get happy. get geico. fifteen minutes could save you fifteen percent or more on car insurance. and what would this pretty i'm thinking the ford fusion... ho, ho, ho!....the what? i need a car that's stylish and fashionable... especially in my line of work. now do you have a little lemonade stand? guys, i'm in fashion! but i also need amazing tech too... like active park assist... i
there will be more debate about it, alec is a tax-exempt charity. what it does is cook up legislation. >> if i had the choice of choosing who could be elected in a particular election or writing the laws that that person would introduce as a legislator once they were there, i know which one i would pick. thank you very much for your time, sir, fascinating. we'll be right back. ♪ let love shine. dazzling diamond gifts she'll adore starting at 199. zales is the diamond store. ♪ you...
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Dec 4, 2013
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the ability to fund transportation because we haven't raised the gas tax in 20 years
the ability to fund transportation because we haven't raised the gas tax in 20 years
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there will be more debate about it, alec is a tax-exempt charity. what it does is cook up legislation. >> if i had the choice of choosing who could be elected in a particular election or writing the laws that that person would introduce as a legislator once they were there, i know which one i would pick. thank you very much for your time, sir, fascinating. we'll be right back. >>> today, the hill newspaper in washington reported that house republicans believe they have found their next big issue that they're going to hit president obama with. they did sort of need something new, right, for the holiday? s and turns out president obama didn't close the vatican embassy, they thought they had a live one there, but that ended up not being true. and they thought they had a huge story when they thought president obama didn't cover babies with the health insurance. but that wasn't true. that one guy that thought his baby was not covered on his health insurance is because that one activist guy forget to list that baby. he forget one of his kids, simple mista
there will be more debate about it, alec is a tax-exempt charity. what it does is cook up legislation. >> if i had the choice of choosing who could be elected in a particular election or writing the laws that that person would introduce as a legislator once they were there, i know which one i would pick. thank you very much for your time, sir, fascinating. we'll be right back. >>> today, the hill newspaper in washington reported that house republicans believe they have found...
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your new plan is going to tax me. i need to buy another truck and build the company and i am getting taxed more and more. >> i don't want to punish your success, put i want to make sure everybody who is behind you has a chance like that, too. everybody is so pinch that business is bad for everybody. when you spread the wealth, it is good for everybody. >> and that is fine from a political point of view as the president talked about rich people like mitt romney and he used his opponent and john mccain's family and talked about shouldn't rich people like romney be compelled to give more to help those who are not as lucky. middle class, ordinary, regular folks, not even buying plumbing companies, but trying to make ends meet to pay for their own health insurance are being thrown out plans and if they can fight themselves through the website, they can find plans they can't afford. >> just about out of time. but your column today is beautiful and dark in that it discusses your dad and politics today. tell us about that. i
your new plan is going to tax me. i need to buy another truck and build the company and i am getting taxed more and more. >> i don't want to punish your success, put i want to make sure everybody who is behind you has a chance like that, too. everybody is so pinch that business is bad for everybody. when you spread the wealth, it is good for everybody. >> and that is fine from a political point of view as the president talked about rich people like mitt romney and he used his...
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cheney called the tax one of the dumbest ideas i heard. i feel strongly about it and i am walking a round proof of how great and innovative our health care system has been and i can't imagine anything worse. it is an example of ill conceived parts of the program are. in the decades battling heart disease. he's had two pacemakers and a stint. >> those innovations kept him alive and especially when he goes back to age 35 with heart issues. robert gibbes said someone has to go for the botched roll out. >> we are{you should someone be fired and if so why? 140 characters or less. tweet at bill hemmer. >> and to me at alisyn camerota. we'll read those later. >> and the release of the terrible 911 calls from sandy hook massacre nearly one year ago. >> incredible video, the police officer in a fight of his life with a man who turned out to be a murder suspect. >> battle over obama care. and how will this impact the 2014 midterm election. >> my message is going back. that seems to be the alternative that obama care critecs have. go back to the stat
cheney called the tax one of the dumbest ideas i heard. i feel strongly about it and i am walking a round proof of how great and innovative our health care system has been and i can't imagine anything worse. it is an example of ill conceived parts of the program are. in the decades battling heart disease. he's had two pacemakers and a stint. >> those innovations kept him alive and especially when he goes back to age 35 with heart issues. robert gibbes said someone has to go for the...
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Dec 5, 2013
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there will be more debate about it, alec is a tax-exempt charity. what it does is cook up legislation. >> if i had the choice of choosing who could be elected in a particular election or writing the laws that that person would introduce as a legislator once they were there, i know which one i would pick. thank you very much for your time, sir, fascinating. we'll be right back. [ thunder crashes ] [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. i have a big meeting when we land, but i am so stuffed up, i can't rest. [ male announcer ] nyquil cold and flu liquid gels don't unstuff your nose. they don't? alka seltzer plus night fights your worst cold symptoms, plus has a decongestant. [ inhales deeply ] oh. what a relief it is. where their electricity comes from. they flip the switch-- and the light comes on. it's our job to make
there will be more debate about it, alec is a tax-exempt charity. what it does is cook up legislation. >> if i had the choice of choosing who could be elected in a particular election or writing the laws that that person would introduce as a legislator once they were there, i know which one i would pick. thank you very much for your time, sir, fascinating. we'll be right back. [ thunder crashes ] [ female announcer ] some people like to pretend a flood could never happen to them. and that...
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plus, did russian diplomats steal your tax dollars? by scamming the system to get medicaid benefits? there are brand new charges out today, and what until you hear what they're accused of buying with their own money while claiming to be broke. let's get to it. >> good thursday afternoon to you and yours. we're expecting to hear shortly from the attorney for the college football star jameis winston of florida state, after plattersed announced they will not be filing charges of rape against the star quarterback, citing a lack of evidence. a live look in tall -- tallahassee. the decision comes days for the heisman trophy. jameis winston is an odds-on favorite to win it. he is a major force for the seminoles, leading them to a number one ranking and a shot at the national championship if they can get past the acc championship against the fighting cut cliffs from duck this weekend. prosecutors just claimed jameis winston in a year-long rape investigation. >>> now to that stolen truck in mexico. packed with a dangerous radioactive material.
plus, did russian diplomats steal your tax dollars? by scamming the system to get medicaid benefits? there are brand new charges out today, and what until you hear what they're accused of buying with their own money while claiming to be broke. let's get to it. >> good thursday afternoon to you and yours. we're expecting to hear shortly from the attorney for the college football star jameis winston of florida state, after plattersed announced they will not be filing charges of rape against...
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vehicle miles travel tax or vmp is a solution. he has reintroduced legislation for the government to study ways to implement it. some drivers in oregon will test a pilot program in 2015. super bowl 48 which you can watch here on the fox network is the most expensive yet. the anticipated price tag organizers expect to raise is $70 million. and they are already sold out. shelling out over 5 percent more february 2nd gained than last year. a 30 second slot now $4 million. microsoft is taking on an unlikely foe. vict victoria secret kind of. the tech giant is trying to create a smart bra that can reduce stress by sensors that track skin activity. the sensors communicate with user's smart phone and let them know when they are stressed and are prone to over eat. they don't have plans to market it to the masses. don't get too excited about your new diet. >>> thank you, lauren. it is now 13 minutes after the top of the hour. dozens of whales stranded in shallow waters in florida. we are live on the coast as rescue workers are trying to sa
vehicle miles travel tax or vmp is a solution. he has reintroduced legislation for the government to study ways to implement it. some drivers in oregon will test a pilot program in 2015. super bowl 48 which you can watch here on the fox network is the most expensive yet. the anticipated price tag organizers expect to raise is $70 million. and they are already sold out. shelling out over 5 percent more february 2nd gained than last year. a 30 second slot now $4 million. microsoft is taking on an...
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policies can be put in place, growth policies, tax cuts, corporate taxes being cut to get that growth going so everybody has an equal shot at prosperity. martha: let's take a look at some of these numbers. just verbally -- 1 per when asked what's the most important issue to you? 1% of the 18-29-year-olds thought that was important. jobs, unemployment rate, 7.3%. we note labor participation rate is historically low and continues to be so. americans on disability up three times since 1983. we throw more money at education, doug, than we have ever in the history of this country and we have seen what's happening to our test scores. i think the president is getting at the middle class. improving the state of the middle class. but i don't know raising the minimum wage and increasing early childhood education is the ticket. >> i think those are good things to do. i'm a democrat. but the issue is what monica came to at the end of her brief presentation. the answer is growing an economy to give everyone a chance to get ahead. the american people are angry there is no real chance to work hard,
policies can be put in place, growth policies, tax cuts, corporate taxes being cut to get that growth going so everybody has an equal shot at prosperity. martha: let's take a look at some of these numbers. just verbally -- 1 per when asked what's the most important issue to you? 1% of the 18-29-year-olds thought that was important. jobs, unemployment rate, 7.3%. we note labor participation rate is historically low and continues to be so. americans on disability up three times since 1983. we...
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unincorporated area home to a fifth of the residents, it would control and run schools with its own tax residence. >> it's not about starting a city, it's about education. >> it's about 100% total about education. we came into this saying we want to take accountability for the schools in our area >> critics say st george would take more than accountability. the break-up could cost the city at large $53 million - 20% of its budget and would segregate the city. baton rouge is majority black. st george would be a majority white at a 3:1 ratio. >> now we would have white kids going to school over here on this end of the parish. white kids going to school on the ordinary end of the parish and in the middle the black kids. >> there's an income disparity. residents in baton rouge earn $58,000. residents in st george make 90,000. >> we have to go back to where we are segregating ourselves. i don't see it as a win. >> it's not a trend. both the white and black middle class have been fleeing baton rouge in search of new schools. those breaking away say it's not about race, but education. >> this
unincorporated area home to a fifth of the residents, it would control and run schools with its own tax residence. >> it's not about starting a city, it's about education. >> it's about 100% total about education. we came into this saying we want to take accountability for the schools in our area >> critics say st george would take more than accountability. the break-up could cost the city at large $53 million - 20% of its budget and would segregate the city. baton rouge is...
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tax someone to give that stuff to you. don't count on it. >> if you get the president of the united states this evening jacked up enough to recreate a moment that occurred in 1968 at the university of kansas when robert kennedy was there. a young person stood up and said if he were elected as president what would he do about the draft. this kid was in danger of being drafted. senator robert kennedy at that moment in time looked at that kid and said i'm going speed it up meaning his draft status. >> it helps bobby was an enlisted man teenager. he had that credibility to make that charge. we're going to where kennedy gave his great american university speech. i'll allude to that. kennedy gave this great speech there the peace speech. but he said something i remembered ever since i read it. problems of man are manmade. they can be solved by man. in the past man has solved the seemingly unsolvable. he can do it again. that sense of national confidence that we can solve our problems especially the ones we create can we bring it
tax someone to give that stuff to you. don't count on it. >> if you get the president of the united states this evening jacked up enough to recreate a moment that occurred in 1968 at the university of kansas when robert kennedy was there. a young person stood up and said if he were elected as president what would he do about the draft. this kid was in danger of being drafted. senator robert kennedy at that moment in time looked at that kid and said i'm going speed it up meaning his draft...
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we need higher taxes on everybody and socialism works. but socialism has starved people. and he's bragging about how we need more of that. >> another one is sean penn. >> i don't cover sean penn. you bring up surprises here on this show. maybe he at least lives the life. >> we don't know. >> he goes oven isaiah la where -- venezuela. >> do you think the celebrities is more leftist or more vocal, like a closet group of republican celebrities out there? >> more leftist than abc news? >> why? >> i think it's because people want to do what their peers do and be comfortable. but also they, like we, they get a paycheck. most of them have never tried to build anything. rob snyder, the actor, tried to start a business, life long democrat. he said i'm leaving california. the laws are terrible. >> and john lovett tried to open up a store and he saw all the regulations. it was backlash to him. >> also they're good looking. maybe they got a job through a lucky audition. they think life is run by luck and therefore -- >> they feel guilty. i got to give stallone and the rock credit bec
we need higher taxes on everybody and socialism works. but socialism has starved people. and he's bragging about how we need more of that. >> another one is sean penn. >> i don't cover sean penn. you bring up surprises here on this show. maybe he at least lives the life. >> we don't know. >> he goes oven isaiah la where -- venezuela. >> do you think the celebrities is more leftist or more vocal, like a closet group of republican celebrities out there? >> more...
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in argentine the government collects taxes and distributes to the opposition. it is collected by of the opposition, cristina fernandez de kirchner is accused of tolding the funds back. >> the arrival of argentine president cristina fernandez de kirchner had complained that her government denied appeals for reinforcements. and accused cristina fernandez de kirchner of shortchanging provinces. >> translation: there exists autonomy. public security is one of these. the matter has to do with salaries. >> the governor claimed the police walked off the jobs in retaliation for his decision to shut down more than 100 brothels paying off corrupt officers. the police began returning to work after they were offered salary increases and bonuses making then the best paid in the country. >> i want to tell the people that from this moment the police force returns to the service of the people of kordova. >> the governor vowed to travel to the capital to depend they stop playing politics with his money. >> the provincial grandfather ner blamed the violence. and prime minister s
in argentine the government collects taxes and distributes to the opposition. it is collected by of the opposition, cristina fernandez de kirchner is accused of tolding the funds back. >> the arrival of argentine president cristina fernandez de kirchner had complained that her government denied appeals for reinforcements. and accused cristina fernandez de kirchner of shortchanging provinces. >> translation: there exists autonomy. public security is one of these. the matter has to do...
SFGTV: San Francisco Government Television
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it could be extended sales tax as well, i believe, right, scott? so it does not have to be the new one. >> we have modeled out the extension, and what are the assessment and we have calibrated and to put on ranges here and because we are quite sure because we are looking at future values and revenue streams. but the plans will be, and that is the range, and the range of assumptions and in terms of total funding sources. >> okay. >> and the next page. >> a milestone payment, at the end of completion and that is analogous to a down payment and those funding sources were largely a local contributions from the ta and mtc and the golden gate bridge and some cal transfupds. there could be multiple payments halfway through or all of the final and this is the model and we followed the proceedings and the financial model. and the range for the funds for the short term cash infusions for 1.6 and 1.7 billion dollars, and these are critical to the p3 developer and you heard brian talk about the caring costs and you can imagine the caring cost if you are a p3 d
it could be extended sales tax as well, i believe, right, scott? so it does not have to be the new one. >> we have modeled out the extension, and what are the assessment and we have calibrated and to put on ranges here and because we are quite sure because we are looking at future values and revenue streams. but the plans will be, and that is the range, and the range of assumptions and in terms of total funding sources. >> okay. >> and the next page. >> a milestone...
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the last thing they want to do is think about taxes and tax planning. but you're going to want to hear about this. we are here to help you get ready with a users guide to taxes on your ultimate guide to year-end tax moves. today we are going to tell you moves you could make. dominic, it's great to have you here. before we get into good solutions, let's talk briefly about big changes coming. >> yes, people are going to be surprised. a lot of ancillary taxes and all of them are going to hit you hard by april 15 the next year. most people are flying under the radar, they don't know and they're going to be in for a rude awakening. he won a lot of people are running their taxes ahead of time, trying to figure out what this is going to be. and what we are hearing is that more and more people are going to be paying 50% of their income or more in taxes and i means one out of every $2 to the tax man? >> it easily can get into that kind of range. so you have a couple weeks left in the year, a couple of moves and is not enough, think positively and take a little t
the last thing they want to do is think about taxes and tax planning. but you're going to want to hear about this. we are here to help you get ready with a users guide to taxes on your ultimate guide to year-end tax moves. today we are going to tell you moves you could make. dominic, it's great to have you here. before we get into good solutions, let's talk briefly about big changes coming. >> yes, people are going to be surprised. a lot of ancillary taxes and all of them are going to hit...
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this is a guy that sounds like a republican on tax reform. this is a guy who sounds like a real republican, a real republican when it comes to foreign policy. do you know what we were saying back in the 1990s? you never, ever, ever go to war unless it is the absolute last option available. then when you go, colin powell always said we are going to throw everything at them. we will achieve our objective. we are going to kill the enemy. we are going to capture their leaders and then we are going to bring our chips back home to their families. that was the powell doctrine and that is a conservative doctrine. and we forgot that over the past decade. so what i say to my friends that get very angry about me continuing to talk about colin powell the good republican, the fact that he hasn't voted republican over the past two elections should tell you something. when colin powell starts voting for a nominee and ted cruz starts voting for a nominee at the same time that is when we start winning presidential elections again. as long as we keep dividing
this is a guy that sounds like a republican on tax reform. this is a guy who sounds like a real republican, a real republican when it comes to foreign policy. do you know what we were saying back in the 1990s? you never, ever, ever go to war unless it is the absolute last option available. then when you go, colin powell always said we are going to throw everything at them. we will achieve our objective. we are going to kill the enemy. we are going to capture their leaders and then we are going...
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say you had a 4-5 percent national sales tax on all goods and services and you use this money totally to pay for medicaid. now medicare is taken care of it. so you would cap all of the people not on medicaid and medicare. you would cap the rates that insurance companies could ask of them and lower the price for all of the people that are inbetweens. i wondered what you thought of that idea. >> kathy, why do you think that is a good idea? >> because i think it it would be a fair way, and it would bring the rates down, and it would be people could make the choice if they didn't want to pay a national sales tax and if they didn't want to they would not by the skis or the new dress or whatever. and it would just -- i think it would lower the rate of people between medicare/medicaid. >> thank you very much. let's see what congresswoman thinks about that idea. >> thank you. well, kathy, i really feel like the affordable care act was important because it focused beyond just medicare/medicaid. medicaid was expanded in the states where you have governors and legislative members that accepted t
say you had a 4-5 percent national sales tax on all goods and services and you use this money totally to pay for medicaid. now medicare is taken care of it. so you would cap all of the people not on medicaid and medicare. you would cap the rates that insurance companies could ask of them and lower the price for all of the people that are inbetweens. i wondered what you thought of that idea. >> kathy, why do you think that is a good idea? >> because i think it it would be a fair way,...
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Dec 9, 2013
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and you want to take taxes and keep them as low as possible and math has to work. so the truth is if we can come back to this, the far right and the far left are delusionary. they would also get the lowest grade in math. they are delusionary and they would flunk math. [laughter] >> let's not come back to that, but let's stay with that. >> okay. [laughter] >> i do sense that there is a kind of political disconnect here. the politicians understand the need to express concern about the long-term budget. you hear about this as you grapple with the program. the national prosperity is at stake and that has to mean at the end of the day, either lower public spending or higher taxes and do we have a sense that they will chavez? >> there is no party with fiscal responsibility and there is no other party with fiscal responsibility. secondly, sadistically valid research that we conduct and others conduct show that the number two issue that americans have is escalating the deficits and debt with economy and jobs ahead of health care and climate change and other issues and way
and you want to take taxes and keep them as low as possible and math has to work. so the truth is if we can come back to this, the far right and the far left are delusionary. they would also get the lowest grade in math. they are delusionary and they would flunk math. [laughter] >> let's not come back to that, but let's stay with that. >> okay. [laughter] >> i do sense that there is a kind of political disconnect here. the politicians understand the need to express concern...
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their idea was to cut taxes. if your car breaks down, cut taxes. if you're houses on fire, cut taxes. if your lawn needs mowing, cut taxes. that was the only idea that they presented to voters. americans thought that they had very old ideas. >> they only felt that way because it was true. >> how many years have you seen the same commercial where a guy stands up and says i am for less taxes, less regulation and more freedom? we've been doing that since 1980 and, yes, we are all for that. but if that is the only message and we don't connect that to working-class voters -- by the way, in 1994 when we took over, we owned as a party working- class voters making like 30,000 dollars to $60,000. we dominated that area. >> your point about ronald reagan speaks to that. reagan was a child of goldwater. that is what inspired me to get politics. anti-big government, anti-communism. bad ideas, right? e fit our conservative principals to his day. it, dded something to economic determinism, optimism. we can do and be anything we want. there's a shining city out t
their idea was to cut taxes. if your car breaks down, cut taxes. if you're houses on fire, cut taxes. if your lawn needs mowing, cut taxes. that was the only idea that they presented to voters. americans thought that they had very old ideas. >> they only felt that way because it was true. >> how many years have you seen the same commercial where a guy stands up and says i am for less taxes, less regulation and more freedom? we've been doing that since 1980 and, yes, we are all for...
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do you file separate tax returns? >> yes, they all file separate tax returns. >> are you allowed if you have the loss on your tradelogic business your small software business versus your restaurant can you write that loss off against your restauranrestauran t? >> they are all separate. >> what happened to business aggregation? >> there is a significant administrative burden. >> effectively what we are seeing is a policy to be able to force you to be able to provide that health care. has that impacted your ability to create jobs? >> yes. >> we just heard comment that there is no data and i will quote that again. there is no data that small businesses are not hiring is a result of the implementation of the presence affordable care at, no effect on job hiring. is that your experience? >> no, it is not. >> anyone else to -- was to comment? >> no, it's not. >> businesses aren't hiring because of the affordable care act? >> i believe it's draining resources from the companies that would otherwise grow the businesses. >> ver
do you file separate tax returns? >> yes, they all file separate tax returns. >> are you allowed if you have the loss on your tradelogic business your small software business versus your restaurant can you write that loss off against your restauranrestauran t? >> they are all separate. >> what happened to business aggregation? >> there is a significant administrative burden. >> effectively what we are seeing is a policy to be able to force you to be able to...
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i will postpone the tax one year for small businesses. he is postponing taxes. since i have no life i have read a obamacare. i do not see that in their where the president, we gave him the authority to postpone a tax but he does it. if he has the legal authority to do that, which i doubt, but he used that authority, what is to prevent him from just going and looking at the irs code which is a mess. i do not know any american who thinks the irs code is a good bill. but rather than fix it, we just make it bigger every year. so the president goes to the irs code and says this group of businesses, they are just having a bad year. like green businesses or we could use the energy companies on the other end. the oil and gas industry. i will postpone paying income tax for year. because i said so. dotake this group and something similar. tweak their tax rather than pay 38%. they will pay 20% for the next year. it seems to me if he has the legal authority to amend taxes which the affordable care act is a tax according to the supreme court. what is to prevent him from just
i will postpone the tax one year for small businesses. he is postponing taxes. since i have no life i have read a obamacare. i do not see that in their where the president, we gave him the authority to postpone a tax but he does it. if he has the legal authority to do that, which i doubt, but he used that authority, what is to prevent him from just going and looking at the irs code which is a mess. i do not know any american who thinks the irs code is a good bill. but rather than fix it, we...
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p on the final days of the fiscal year. >> total for the year the department spent 450,000 dollars, tax payer dollars or alcohol. where they trying to spend the money in the budget to prevent congressional cuts in the future? >> the state department, i had an opportunity to travel to many of them, there's a lot of entertaining that goes on a lot of ir responsibility. >> you are missing the point. the whole point is how can you ever cut spending if the entire ethic of government is to spend your allocation before the time runs out. >> is the government's booze budget careless spending or the cost of doing business? send us a note on foxfriendsfirst@foxnews.com. >> be have hinterested to hear people have to say. it is 18 after the top of the hour. extreme measures after one of the worst's animal attacks in the state's history. >> they are putting up all of the beautiful christmas lights in one city. now local lawmakers are playing scrooge. >> a florida woman recovering in it the hospital the morning after what is being called the most serious bear attack in the state's history. she was wa
p on the final days of the fiscal year. >> total for the year the department spent 450,000 dollars, tax payer dollars or alcohol. where they trying to spend the money in the budget to prevent congressional cuts in the future? >> the state department, i had an opportunity to travel to many of them, there's a lot of entertaining that goes on a lot of ir responsibility. >> you are missing the point. the whole point is how can you ever cut spending if the entire ethic of...
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Dec 10, 2013
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that was completely tax driven. we reverse ad deferred tax asset last year. our pretax income is actually up 150%. and the market has recognized that. that is just a headline you're talking about. it is no reflection on our business. we're actually way up over 2012. david: bob schiller, the smart nobel prize-winning economist who focuses so much on real estate has expressed worries. he is not convinced this is happening but expressed some concern whether there is another bubble in the real estate market but also the stock market. but in real estate specifically, have you seen any signs of that at all? i mean you're able to track who your buyers are, what their interests are. you mentioned people, second, third, fourth homebuyers. but do you see any bubble at all in the market? >> no. remember when the bubble hit this country was building two million new homes a year. every blackjack dealer in las vegas was buying three houses. mortgage underwriting was way too easy. today we're at 900,000 new homes per year. we're way below the historic average of 1.5 million
that was completely tax driven. we reverse ad deferred tax asset last year. our pretax income is actually up 150%. and the market has recognized that. that is just a headline you're talking about. it is no reflection on our business. we're actually way up over 2012. david: bob schiller, the smart nobel prize-winning economist who focuses so much on real estate has expressed worries. he is not convinced this is happening but expressed some concern whether there is another bubble in the real...
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Dec 9, 2013
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the tax is a federal tax. it is important to account for it separately since we have a dedicated payroll tax for that purpose. balancing should be -- ideally it would be good if we could say social security was completely off budget. and technically speaking it is off budget. it is money that comes into the treasury and the benefits go out. it is not as if beneficiaries -- we talk about the payroll tax being insufficient to cover benefits, which it is right now. the program is running a deficit. able toecurity is receive sufficient funding by cashing in the bonds it has in that is anund, but expense to the treasury which has to come up with the money to cover those bond payments into social security. the bottom line is it is part of the federal budget. we have not privatized the system. the money is accounted for separately. the government is not going to default on the money it owes to social security or to the medicare part a trust fund. host: bob is on our line for and dependents. -- for independents. calle
the tax is a federal tax. it is important to account for it separately since we have a dedicated payroll tax for that purpose. balancing should be -- ideally it would be good if we could say social security was completely off budget. and technically speaking it is off budget. it is money that comes into the treasury and the benefits go out. it is not as if beneficiaries -- we talk about the payroll tax being insufficient to cover benefits, which it is right now. the program is running a...
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tax at the end of the year. not a lot of people do that. >> brick and mortar stores have long complained they are losing business to online retailers because shoppers aren't forced to pay taxes online. >>> 5:39. the new york commuter train that derailed killing four passengers was speeding. all seven cars of a metro-north train ran off the tracks on a sharp curve in the bronx on sunday. the speed limit for the curve 30 miles per hour. the train was going 82 miles an hour at the curve. it's not clear what caused the crash. the engineer has been questioned. >>> autopsy results for actor paul walker could be released today. the movie star and a friend killed in a fiery crash over the weekend. there were reports the pair had been racing another car before the accident but as teresa garcia reports, investigators have ruled it out. >> reporter: this video obtained by "omg! insider" shows the crash and the explosion that created a huge plume of smoke and fire on saturday. the crash killed paul walker and the driver, pr
tax at the end of the year. not a lot of people do that. >> brick and mortar stores have long complained they are losing business to online retailers because shoppers aren't forced to pay taxes online. >>> 5:39. the new york commuter train that derailed killing four passengers was speeding. all seven cars of a metro-north train ran off the tracks on a sharp curve in the bronx on sunday. the speed limit for the curve 30 miles per hour. the train was going 82 miles an hour at the...
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he owned his home, paid his taxes and had just gotten his green card. when we spoke to him he had been in pearsall for nearly a year waiting for a final hearing. >> even prison we get contact visit. in prison you can go and have contact visit. but we only see through glass and about that thick of glass you know. and sometime me and hope she would put her hand on the glass, and i would knock so she could feel me knocking. >> just days after this conversation we heard some good news. naz was unexpectedly released and his deportation recommendation was cancelled. after hearing his story during our interview . >> and now a techknow minute...Ñ >> we have strengthened border security. beyond what many believed was possible. they wanted more agents at the border. we now have more boots on the ground at the southwest border than at any time in our history. >> in an election year, the need to ramp up border enforcement has become a mantra among republicans and democrats alike. back in the rio grande valley, the men captured by border patrol had been taken to a
he owned his home, paid his taxes and had just gotten his green card. when we spoke to him he had been in pearsall for nearly a year waiting for a final hearing. >> even prison we get contact visit. in prison you can go and have contact visit. but we only see through glass and about that thick of glass you know. and sometime me and hope she would put her hand on the glass, and i would knock so she could feel me knocking. >> just days after this conversation we heard some good news....
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have financial information including tax returns in hand. if you created an account in october, scrap it. start a new one. and if you think yao signed up but haven't heard directly from the insurance company in a week, you have to call them yourself. tip number two is what got pam through the plan in florida, back in october, pam tried multiple times but gave up. today after creating a third new account, success. >> i was surprised about how easy it was. as i said it only took about ten to 15 minutes for the whole enrollment process. >> reporter: while pam's confident she has insurance since she paid her first premium via credit card, some insurance companies believe they are getting inaccurate or incomplete information from the government about the new enrollees. >> they are concerned that they are not getting the information and that they can get insured by january 1st. >> reporter: so while the website is working better, there was some bad news for the white house today. a new report from the treasury inspector general's office, brian, wa
have financial information including tax returns in hand. if you created an account in october, scrap it. start a new one. and if you think yao signed up but haven't heard directly from the insurance company in a week, you have to call them yourself. tip number two is what got pam through the plan in florida, back in october, pam tried multiple times but gave up. today after creating a third new account, success. >> i was surprised about how easy it was. as i said it only took about ten...
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." >>> on the "cbs moneywatch," the days may be numbered for tax-free web shopping. and why you want to check your lottery tickets. wendy gillette has more. >> good morning, anne-marie. the cost of online shopping may be headed up as more states could start collecting sales taxes on internet purchases. this after the supreme court refused to get involved in state efforts to force online retailers to collect sales taxes from their customers. the case involved a lower court ruling in new york. it ruled that websites like amazon and overstock must pay sales tax the same way in-state businesses do. the supreme court decision came on what appears to be the busiest online shopping day of the year, cyber monday. early indications are that online sales yesterday were up 17.5% from last year. mobile devices accounted for nearly a third of all online shopping. >>> stocks in asia finished mostly lower amid key reports in the u.s. hong kong's hang seng's lost 0.5%. tokyo's nikkei gained 0.5% to its highest close in six years thanks to a weekend yen. the dow jones lost 77 points
." >>> on the "cbs moneywatch," the days may be numbered for tax-free web shopping. and why you want to check your lottery tickets. wendy gillette has more. >> good morning, anne-marie. the cost of online shopping may be headed up as more states could start collecting sales taxes on internet purchases. this after the supreme court refused to get involved in state efforts to force online retailers to collect sales taxes from their customers. the case involved a...
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Dec 9, 2013
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led to foreclosures in minority communities.it says banks should reimburse affected cities for lost tax revenue. both banks say the lawsuit is baseless, and that each applicant was treated with the same objective criteria. 20 states are saying no to expanding medicaid under the affordable care act... and a new report shows-- it could costs those states billions. among them, texas which stands to lose nearly $10 billion dollars. according nbc some of the red states are taking a pass out of a desire for less government intervention. under the expansion, the government kick's in 100% of additional costs for medicaid the first 3 years. the aim is making certain low income american's have sufficient health coverage. mcdonald's posted advice on its employee resource website, that could be considered in "bad taste. the helpful hints included: for employees wondering how much to tip the massage therapist, pool cleaner or au pair over the holidays. we wonder how many mcdonald's employees, particularly those who marched thursday fighting to raise the minimum wage face these dilemmas? mcdonald's r
led to foreclosures in minority communities.it says banks should reimburse affected cities for lost tax revenue. both banks say the lawsuit is baseless, and that each applicant was treated with the same objective criteria. 20 states are saying no to expanding medicaid under the affordable care act... and a new report shows-- it could costs those states billions. among them, texas which stands to lose nearly $10 billion dollars. according nbc some of the red states are taking a pass out of a...
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Dec 7, 2013
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do you file separate tax returns? >> yes. >> are you allowed, since you have a loss on your large tech business and your small software business versus your restaurant -- can you write that loss off against your restaurant? >> no, they are separate. >> what happened to business aggregation? , there is a significant administrative burden comes -- burden that comes with operating both entities. tothe policy would be able provide the health care. would be able to horseshoe the ability to provide health care. we just heard comment that there small businesses are not hiring as a result of the implementation of the president's affordable health jobsact, no affect on hired. is that your experience? >> no, it is not. >> would anyone else like to comment? >> no, it is not. i see it in small and large businesses. >> businesses are not hiring because of the affordable care act? >> i believe it is draining resources from the companies that would be otherwise going to grow the business. >> very interesting. we are dealing with the
do you file separate tax returns? >> yes. >> are you allowed, since you have a loss on your large tech business and your small software business versus your restaurant -- can you write that loss off against your restaurant? >> no, they are separate. >> what happened to business aggregation? , there is a significant administrative burden comes -- burden that comes with operating both entities. tothe policy would be able provide the health care. would be able to horseshoe...
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paul ryan saying there's no taxes involved, no tax increases, well there are these fee increases. so it's a little squirrely. there's going to be includesed aviation fees. there's going to be higher contributions for federal workers to their pensions. you can call those fees. for a lot of people, those are going to look a bit like taxes. so i think that's kind of the basic breakdown of the two-year deal. i actually, by the way, i like the fact that there's going to be less fiscal head winds on the economy in 2014 and 2015. many democrats would have liked to see extended unemployment insurance in there. that wasn't in the bill. >> let me bring back in richard wolffe. richard, how do they get the votes on this? and are they trying to prove after such a non-productive congress, one of the northeast non-productive congresses in history, that they can make something work? because i noticed senator murray particularly made the point that they made the compromise government could work. >> if government can work means they can avoid a shutdown and pass a basic budget, i guess we should be
paul ryan saying there's no taxes involved, no tax increases, well there are these fee increases. so it's a little squirrely. there's going to be includesed aviation fees. there's going to be higher contributions for federal workers to their pensions. you can call those fees. for a lot of people, those are going to look a bit like taxes. so i think that's kind of the basic breakdown of the two-year deal. i actually, by the way, i like the fact that there's going to be less fiscal head winds on...
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things relating to the tax code they will come back and take care of them as the year gets started but that's why people are calling things like the dairy cliff an important issue. $7 for a gallon of milk is something that americans will not be happy with and they are hope that they will come some sort of bills. >> congress is under fire, for not being very productive in the last year. >> reporter: that's right. it's being called the do-nothing congress from many quarters because of the small number of actual laws that they have been able to pass. we saw them push back today, a lot of blame getting thrown out around. and john boehner pointed the finger at democrats and the counterpoint from president obama and other democrats saying there needs to be more bipartisanship and the republicans are the cause of trouble here in washington. but a lot of issues have been on the table for a long time. the farm bill has been in talks for months and a couple of key issues keep getting in the way and republicans and democrats cannot agree on them. one example is food stamps. there are cuts on the
things relating to the tax code they will come back and take care of them as the year gets started but that's why people are calling things like the dairy cliff an important issue. $7 for a gallon of milk is something that americans will not be happy with and they are hope that they will come some sort of bills. >> congress is under fire, for not being very productive in the last year. >> reporter: that's right. it's being called the do-nothing congress from many quarters because of...
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in aventura, florida. $1.2 million, $10,559 taxes. it's a beautiful home. >> for the shopaholics, this is minutes away from aventura mall, the highest grossing mall in the united states. this is an aventura and country club estates. what's unique about this is there are only 80 homes in this neighborhood, and it's overlooking the golf course and a bird preserve lake. and you can walk or jog around the vita course which is three miles long. so this is a very popular neighborhood. great buy. i expect this to sell in just weeks for $1.29 million. 4 bedrooms, 3 1/2 baths. another great bargain. >> thanks for spending time with us. we appreciate it. ty, down to you. >> thank you. >>> thanks very much. "vogue" magazine described norwina as one of the most inspiring women in the world. she's also a noted economist and adviser to presidents and ceos. she gets paid to help people make smarter decisions. her thoughts for executives, investors and people like you next. when does your work end? does it end after you've expanded your business? aft
in aventura, florida. $1.2 million, $10,559 taxes. it's a beautiful home. >> for the shopaholics, this is minutes away from aventura mall, the highest grossing mall in the united states. this is an aventura and country club estates. what's unique about this is there are only 80 homes in this neighborhood, and it's overlooking the golf course and a bird preserve lake. and you can walk or jog around the vita course which is three miles long. so this is a very popular neighborhood. great...
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k stone.this from mar guest: i think tax expenditures is a big problem. there are tax revenues that we should be taking in which we are not because we are subsidizing a significant amount of what some have termed corporate welfare. billions of dollars to the oil and gas industry, they are making record profits. the tax expenditures are costing the american people in ways that are problematic. host: what would you cut the besides defense? guest: revenues that we have lost that would otherwise should take in. other than defense, there is waste and inefficiencies in a wide range of domestic spending programs. i am willing to take a look at almost everything. i think the demonization of social security and medicaid are inappropriate. they are not responsible for the deficit problem we have right now. ronald reagan in a debate with walter mondo and clear social security has nothing to do with the deficit. it was true then and it is true now. att in plano, texas. caller: thank you for taking my call. food stamps is not one of the areas that needs to be cut. it
k stone.this from mar guest: i think tax expenditures is a big problem. there are tax revenues that we should be taking in which we are not because we are subsidizing a significant amount of what some have termed corporate welfare. billions of dollars to the oil and gas industry, they are making record profits. the tax expenditures are costing the american people in ways that are problematic. host: what would you cut the besides defense? guest: revenues that we have lost that would otherwise...
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and vital stats and what you put on the tax return, insurance companies need to verify that and those forced to do it through the obama website and healthcare.gov, are not able to do. that we hear it is not working cleanly. and as time ticks by. insurance companies are looking for our tech people to come in and solve the problem. >> they are in the business to make money. eligibility verikdz. and the phrase you will hear about. that is still not happening, right? >> no, it is enormous. that's how they price the p and get you over the finish line and look at the fixes and blue cross blue shield where they hired temporary people to come back and the information was filled incorrectly in the field. and now places like florida and even reports in connecticut, where they are saying, maybe we need to interact with the state's website to it verify the information. and maybe we need to hire an outside vendor to verify the information without relying on the federal website. >> say norred? >> florida, ohio and texas, they have pilot programs where they are trying to figure out nuts and bolts on
and vital stats and what you put on the tax return, insurance companies need to verify that and those forced to do it through the obama website and healthcare.gov, are not able to do. that we hear it is not working cleanly. and as time ticks by. insurance companies are looking for our tech people to come in and solve the problem. >> they are in the business to make money. eligibility verikdz. and the phrase you will hear about. that is still not happening, right? >> no, it is...
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but the left wants more spending and even higher taxes. simply put, the big government spending machine has not helped the economy very much. but again, liberal theory trumps results. >> the idea that so many children are born into poverty in the wealthiest nation on earth is heartbreaking enough, but the idea that a child may never be able to escape that poverty because she lacks a decent education or health care or a community that views her future as their own? that should offend all of us. >> well, it certainly offends me. if children are not getting a good education or do not have proper health care, i'm offended. but you cannot bankrupt the entire nation on some ideological quest for income equality. in a capitalistic system, that's impossible. a "wall street journal" editorial yesterday was blunt -- "mr. obama returned to his favorite theme of rising income inequality. he ought to know since few presidents have done more to increase inequality than he has. median household income has fallen since the economic recovery began, while t
but the left wants more spending and even higher taxes. simply put, the big government spending machine has not helped the economy very much. but again, liberal theory trumps results. >> the idea that so many children are born into poverty in the wealthiest nation on earth is heartbreaking enough, but the idea that a child may never be able to escape that poverty because she lacks a decent education or health care or a community that views her future as their own? that should offend all...
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we're not talking about tax rate hikes that's off the table. we can't close loopholes. >> we're talking about auctioning broadband spectrum, higher fees on airport security and vacuuming up loose change jonathan capehart might have. >> there's a lot of it. >> there is a lot of change. i think part of the reason compromise seems so hard is that republicans have not are to ask themselves the tough questions about what they would do in terms of broader policy because they have been able to distract themselves with the calamitous rollout of the aca. that literally is the only thing they can agree on is that aca bad. everything else is up for grabs. to actually agree on a piece of policy is almost an anathema. >> for the populous, it will be a positive one. no such possibility in the offing for intransigence the tea party has exhibited. to allow the tea party to hijack -- lets give the republican party credit. be more reasonable. ford says i like john boehner, he's a reasonable man, we would like to see evidence of that. we're looking for it. now, i
we're not talking about tax rate hikes that's off the table. we can't close loopholes. >> we're talking about auctioning broadband spectrum, higher fees on airport security and vacuuming up loose change jonathan capehart might have. >> there's a lot of it. >> there is a lot of change. i think part of the reason compromise seems so hard is that republicans have not are to ask themselves the tough questions about what they would do in terms of broader policy because they have...
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it's a government tenet that taxes high wage earners and gives money to those not making as much. dave from houghton lake, michigan. how does someone being rich hurt someone poor? excellent and pithy question. hurt has nothing to do with it. far left people believe in regulating wealth. they think the government should decide who has too much stuff. rusty from saratoga, wyoming. americans have the right to pursue happiness. the achievement of it is in our hands. not everyone in equal in ability. over involvement of the government limits our rights of pursuit. excellent analysis. jennifer from modesto, california. i'm annoyed that you suggested a tip jar for fast food workers. it's insulting to service industry employees who actually have to put in time and effort to earn tips. whoa, whoa, whoa. fast food people work hard. i worked at a carvell. let the folks decide who to tip. all fast food places in america should have a big jar the to supplement the low wages. that way, nobody gets hurt and some workers are are helped. want to tip, you tip. you don't, don't. matt, i work at a du
it's a government tenet that taxes high wage earners and gives money to those not making as much. dave from houghton lake, michigan. how does someone being rich hurt someone poor? excellent and pithy question. hurt has nothing to do with it. far left people believe in regulating wealth. they think the government should decide who has too much stuff. rusty from saratoga, wyoming. americans have the right to pursue happiness. the achievement of it is in our hands. not everyone in equal in...
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it's all about how much tax you pay when you shop online. christine romans explains how this will affect your money. >> wolf, on the biggest online shopping day of the year, no less, the supreme court punting on the most important issue in retail right now. and that means millions of people may now have to pay state tax on their online purchases. now, states have been putting pressure on internet retailers to collect sales tax and amazon.com and overstock.com fought this effort with different results in different courts. it's a patchwork now of rulings and laws. now that the supreme court has decided not to the weigh in, states are likely to pursue the estimated $23 billion in uncollected sales taxes from web retailers. an increasing number of tats like new york have passed laws forcing internet-based retailers to collect taxes. amazon and overstock complained saying they don't have physical presence in that state. most retail analysts say the court is essentially ending a 20-year tradition of no sales tax on internet purchases. >> christine
it's all about how much tax you pay when you shop online. christine romans explains how this will affect your money. >> wolf, on the biggest online shopping day of the year, no less, the supreme court punting on the most important issue in retail right now. and that means millions of people may now have to pay state tax on their online purchases. now, states have been putting pressure on internet retailers to collect sales tax and amazon.com and overstock.com fought this effort with...
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so he saves on taxes by playing for seattle. >> a lot on taxes. >> a lot. he pockets an extra $42 million in annual taxes by paying for the mariners where he would pay about $504,000 a year versus more than $2 million if he stayed with the yankees. what does it mean in terms of net pay? well, net pay per year under the yankees' offer would be $12.3 million. with the mariners, $12.8 million. >> it changes everything. >> it certainly does because that means the net pay over the contract life for the mariners worked out to $128 million for 10 years whereas for the yankees, again, the best offer they made, $86 million for seven years. $42 million more. you can buy a lot with that. >> which other team -- clearly, working in seattle isn't so bad after all. >> no. >> which other teams offer a good tax deal? >> robert raiola was telling us that in fact the teams you want to play for, those based in seattle or texas because texas also doesn't have a state tax treatment. and based on the 2013 schedule, he created a jock tax index. and miami marlins, houston astros, s
so he saves on taxes by playing for seattle. >> a lot on taxes. >> a lot. he pockets an extra $42 million in annual taxes by paying for the mariners where he would pay about $504,000 a year versus more than $2 million if he stayed with the yankees. what does it mean in terms of net pay? well, net pay per year under the yankees' offer would be $12.3 million. with the mariners, $12.8 million. >> it changes everything. >> it certainly does because that means the net pay...
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this tax credit was designed to kickstart renewables. and yet, it lives on despite wind up being a major part of the great. at least 12% in my home state of texas capacity coming from wind. but some markets have seen quoted in quote prices as though negative $41. per megawatt hour as operators get the credit and run whether power is needed or not. now granted, that's an extreme example but they can sell for a loss and taxpayers make them whole. that moves markets. back home our lack of new power construction in texas, our public utility commissioner, chairwoman nelson have said, this is a quote, the market distortions caused by renewable energy incentives are one of the primary causes, the distortion makes it difficult for other generation text recover the costs and discourages investment in new generation. and while the ptc isn't the only driver of market distortions, it is a significant force. so start with you, comissioner moeller, do you agree incentives for renewables distort markets? >> congressman, i think all subsidies distort ma
this tax credit was designed to kickstart renewables. and yet, it lives on despite wind up being a major part of the great. at least 12% in my home state of texas capacity coming from wind. but some markets have seen quoted in quote prices as though negative $41. per megawatt hour as operators get the credit and run whether power is needed or not. now granted, that's an extreme example but they can sell for a loss and taxpayers make them whole. that moves markets. back home our lack of new...
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even though it's government-run, income tax as high as 50%. they like it. isn't it possible that americans will learn to love. >> why is that most canadians with significant resources come to the united states? >> 40,000 came to the united states. 40,000. >> they have serious issues. cancer treatment. >> that's a lot. >> come to the united states, why? we used to be -- >> -- you don't think that it's possible that americans will be persuaded like canadians have been. you don't think so? >> i don't think so. i think over the next year you are going to see implosion of this where it's not going to work. >> okay. colmes, somethin' tells me that you will go down with the obamacare ship. he is the captain. >> why would you say such a thing. >> one of the loyal guys. >> i'm not one of the nay sayers like you people. >> even if it blows up. >> the right wing wants it to blow up because they want to be able to say i told you so. >> that's true. >> if it works, they are all wrong. this is more about midterm elections now. they are not going it appeal obamacare. that
even though it's government-run, income tax as high as 50%. they like it. isn't it possible that americans will learn to love. >> why is that most canadians with significant resources come to the united states? >> 40,000 came to the united states. 40,000. >> they have serious issues. cancer treatment. >> that's a lot. >> come to the united states, why? we used to be -- >> -- you don't think that it's possible that americans will be persuaded like canadians...
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Dec 6, 2013
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tax. you want to be sure. you've got to talk with your accountant about these. the stock had a not great quarter and it's been knocked down. and the master limited partnerships have all been coming down. but i believe in rich kinder. rich kinder is not dick heckman. dick heckmann had a terrific company around, this one's not it. rich kinder made a lot of people a lot of money. i'm not going to abandon that company. but i do honestly right now like linn energy more. higher rates don't have to be the end of the world, conn's might be a microcosm. wouldn't you like to have a stock that goes up gigantically? or would you say i don't want that gain because rates are going higher? stay with cramer. >>> coming up -- nice view? hilton's more than $2 billion ipo is about to hit the street. are there better accommodations for your cash, or should you try and book a room in this newly minted stock? >>> you know that this has been a downright incredible year for initial public offerings. >> buy, buy,
tax. you want to be sure. you've got to talk with your accountant about these. the stock had a not great quarter and it's been knocked down. and the master limited partnerships have all been coming down. but i believe in rich kinder. rich kinder is not dick heckman. dick heckmann had a terrific company around, this one's not it. rich kinder made a lot of people a lot of money. i'm not going to abandon that company. but i do honestly right now like linn energy more. higher rates don't have to be...
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Dec 5, 2013
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incomethan tackling inequality, he has focused on taxing some down. clearly, no easy answers when it comes to this issue. still, it is safe to say this will be a primary focus for the obama administration in the months ahead. back to you. >> united states military is facing more but it cuts. hagel announced today that 200 positions will be eliminated from the office of the secretary of defense, but he said there will not be a large number of immediate layoffs. reductions that i have announced today will occur through a process of natural attrition in order to minimize the impact on our workforce. if the department is forced to one steep sequestration cuts the order of $500 billion, we may need to implement additional reductions. hagel adds that cuts will save about $1 billion over time. coming up, the fed says factories are giving the u.s. economy a boost but the latest beige book data is out. we will look at what else is expanding when "bottom line" on bloomberg television continues in just a moment. ♪ collects welcome back. let's show you how the
incomethan tackling inequality, he has focused on taxing some down. clearly, no easy answers when it comes to this issue. still, it is safe to say this will be a primary focus for the obama administration in the months ahead. back to you. >> united states military is facing more but it cuts. hagel announced today that 200 positions will be eliminated from the office of the secretary of defense, but he said there will not be a large number of immediate layoffs. reductions that i have...
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Dec 5, 2013
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plus, did russian diplomats steal your tax dollars? by scamming the system to get medicaid benefits? there are brand new charges out today, and what until you hear what they're accused of buying with their own money while claiming to be broke. let's get to it. >> good thursday afternoon to you and yours. we're expecting
plus, did russian diplomats steal your tax dollars? by scamming the system to get medicaid benefits? there are brand new charges out today, and what until you hear what they're accused of buying with their own money while claiming to be broke. let's get to it. >> good thursday afternoon to you and yours. we're expecting
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task forces no media is allowed in there's an education task force there's an energy task force the tax policy task force it's basically organized in a similar way that our congress is organized into committees now once legislation is passed out of these task forces is then carried with lawmakers back to their. states where they try to pass it through their respective state legislatures to become actual laws so basically that's how it works and it's this activity that threatens progressives who argue that this organization acts as a shadow government churning out corporatists legislation in forcing elected lawmakers to pledge allegiance to corporate interests rather than their own voters back home members here say nothing nefarious is going on i first came to alec over a decade ago when i was serving in the bush administration i've been privileged to work with alec in the federal government i've been privileged to work with alec when i was back in texas at the texas public policy foundation leading the tenth amendment center and i am proud to stand with alec today and i will tell you th
task forces no media is allowed in there's an education task force there's an energy task force the tax policy task force it's basically organized in a similar way that our congress is organized into committees now once legislation is passed out of these task forces is then carried with lawmakers back to their. states where they try to pass it through their respective state legislatures to become actual laws so basically that's how it works and it's this activity that threatens progressives who...
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Dec 5, 2013
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tax purposes. so keep that in mind. part of the problem is the practical access to the insurance coverage which the law, unfortunately, does not guarantee for the small employers. are there planning opportunities? yes. do we see smaller employers trying to use those to avoid compliance with the law? not yet. and i think part of the lack of awareness is also a little bit of a reaction to the delays that have occurred. the employers believe that there have been delays and that those delays will continue. for smaller businesses, there is a sentiment that the rules for the large employers were delayed, which they were until 2015. however, for the smaller businesses, they've already felt, many of them, the brunt of the very expensive renewals this year. of our clients that were offered an early renewal option to renew their policy this december and to delay the cost impacts of health reform, in vvariably the have taken that offer if the carrier has extended it. they have basically kicked the issue down the road for another y
tax purposes. so keep that in mind. part of the problem is the practical access to the insurance coverage which the law, unfortunately, does not guarantee for the small employers. are there planning opportunities? yes. do we see smaller employers trying to use those to avoid compliance with the law? not yet. and i think part of the lack of awareness is also a little bit of a reaction to the delays that have occurred. the employers believe that there have been delays and that those delays will...